First Alliance Credit Union in Minnesota vs the state
35.0%Denial rate+21.43 pts vs state
43.7%Decision denial rate+27.30 pts vs state
41.7%Origination rate-24.68 pts vs state
7.00%Median rate+0.38 pts vs state
0.89Rate spread (pts)+0.64 pts vs state
$70kMedian applicant income
188Loans originated
158Denied
Trend in Minnesota
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 304 | 123 | 51.0% | 7.00% | #93 |
| 2024 | 344 | 143 | 44.2% | 7.50% | #93 |
| 2025 | 451 | 188 | 35.0% | 7.00% | #88 |
What First Alliance Credit Union lends in Minnesota
By loan purpose
By loan type
Why it denied Minnesota applicants
Where in Minnesota
Counties with the most First Alliance Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Olmsted County | 187 | 114 | 31 | 16.6% |
| Dodge County | 27 | 19 | 4 | 14.8% |
| Wabasha County | 18 | 12 | 3 | 16.7% |
| Mower County | 17 | 13 | 2 | 11.8% |
| Goodhue County | 10 | 7 | 0 | 0.0% |
| Dakota County | 9 | 4 | 2 | 22.2% |
| Fillmore County | 5 | 4 | 1 | 20.0% |
| Winona County | 5 | 2 | 2 | 40.0% |
| Scott County | 5 | 3 | 0 | 0.0% |
| Rice County | 4 | 2 | 0 | 0.0% |
Other large lenders in Minnesota
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 8,694 | 10.6% | 6.38% |
| U.S. Bank | D | 8,624 | 30.4% | 7.88% |
| Bell Bank | A | 7,987 | 5.3% | 6.63% |
| Rocket Mortgage | C | 7,630 | 16.3% | 6.63% |
| Trustone Financial Credit Union | C | 6,066 | 20.0% | 7.25% |
| Affinity Plus | C | 5,438 | 14.6% | 6.63% |
| Blaze Credit Union | B | 4,074 | 12.3% | 6.38% |
| Wings Financial Credit Union | A | 3,960 | 16.4% | 7.25% |
| Crosscountry Mortgage | B | 3,942 | 2.1% | 6.63% |
| Fairway Independent Mortgage | B | 3,327 | 3.2% | 6.75% |
Frequently asked questions
Minnesota: 451 applications in 2025, of which 188 were originated and 158 denied.
35.0% of all applications, or 43.7% of the applications it actually decided on. The Minnesota statewide average across all lenders was 13.6%.
The median rate on loans First Alliance Credit Union originated in Minnesota in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are First Alliance Credit Union's own HMDA filing for properties located in Minnesota, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology